MARKET UPDATE AUTUMN 2019
As we head into the last quarter of the year my advice is to get moving as soon as you can. Now that the summer holidays are out of the way, September and October are usually busy with buyers making offers on the basis they will have the keys to their new home for Christmas. Therefore if you have a property you want to sell or your property is on the market and remains unsold (subject to any agreement you may have with another agent) please telephone me so we may discuss your property sale and how we may be able to help you.
Hoopers have been established in the local area over 35 years and we have sold properties from Kensal Rise to Kenton and I have an excellent team of experienced sales personnel waiting to get cracking on your property.
Despite all the uncertainty surrounding the economy and Brexit the local housing market has been very resilient this year and I expect this to continue and if you have a property that is in a popular location and is sensibly priced you should have no problem in selling it.
We have noted recently that properties that have been refurbished to a high standard from top to bottom are commanding a premium as some buyers appreciate the modernity of these properties and do not wish to do any work to a property and will pay a premium for such a house.
Demand from first time buyers has continued due to stamp duty incentives and the need for a home and in these more tricky times I am glad Hoopers are in a relatively fertile affordable area of North West London and not solely reliant on selling multi million pound properties in Central London.
We have some exciting properties on our books at present with only two remaining apartments at our Greencrest Place development on Dollis Hill Lane (we had 23 flats for sale in January this year) and one of the remaining flats has a fantastic terrace with open green views and these properties are finished to a high standard and have the benefit of an elevator within the building.
Rentals have been quite strong this year with some sellers who have been unable to achieve their price turning to renting and in general rents have held up fairly well as there continually seems to be a shortage of available rental properties.
I look forward to hearing from you if you wish to sell or rent.
JOHN S HOOPER, FNAEA
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